defirisk.co
rubric v1.7.0

New ERC-20 approval to unverified contract from whale

Babylon Protocol's assessment for RD-F-096 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Babylon's TVL is in Bitcoin UTXOs on Bitcoin mainnet — no ERC-20 tokens, no Approve() function, no EVM whale approval surface. BABY is a Cosmos SDK native denomination (ubbn), not an ERC-20. Structurally inapplicable by design.

Sources #

  • Docs
    BABY Tokenomics — Babylon DocsBabylon profile §4: TVL is 100% BTC locked in Bitcoin staking scripts. BABY token is native Cosmos denomination ubbn.retrieved 2026-05-04

Methodology #

Detect whether a top-TVL depositor grants a new token approval to an unverified contract that interacts with this protocol.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol babylon-protocol factor RD-F-096 score not_applicable collected_at 2026-05-04 19:43:27